Thanks Sonia (from India) for your question about MLM companies.

Your Question:

Here is a question for the MLM Consultant.  I am planning to launch a new MLM company and after the planning I see that the model is very strong.  If my understanding is correct, why don’t most of the big companies start MLM as the returns in this are huge.  Is there something I am missing?

Our Response:

A surprising number of large companies are either considering, testing, or actually launching direct selling divisions.  Some of our clients are still at the stage where they are confidentially testing a market.  Others, such as Kimberly Clark (Fortune 500 Company), Discovery Toys, Dove Chocolate, Jockey, and Maidenform have already jumped in, as examples.  Direct selling is a high-leverage business model that works well for a variety of products and services, and we believe that it will continue to gain prominence and acceptance in the global markets.

That’s one of the reasons we are wildly excited about direct selling!

Thanks for contacting us.  Terrel

P.S. Be sure to join us at our start-up conference, held monthly.  You’ll be amazed by all that we teach you about starting and running a successful direct selling company.  Here’s the link:  http://www.launchsmart.com/launch-essentials-best-practices-workshop.html

We’re happy to announce a new monthly startup conference for MLM and home party startups.

How will this be different from other conferences?  Here are our audacious claims:

• It will be held in a city that’s easy to get to, a full one-day seminar
• We will hold it on a Friday each month so that you only have to take a day from your other work.  We know that most of our clients have commitments to juggle
• There will be no selling!  Honestly, it will be a conference with just the right balance and depth of information to help start-up and early-stage companies at all levels
• It is designed as a springboard from which you can return home and get right to work
• You’ll receive materials, guides, and tools that we have developed over decades in working with the direct selling giants
• The curriculum will feature four separate presenters who have received the coveted DSA (Direct Selling Association) Partnership Award.  This is the first-ever (and ONLY) conference with this caliber of presenters all in a single event
• We’ll cover compensation plan, legal, software, best practices, forecasting, funding, and getting your first 1,000 recruits.  Plus more!
• We’re nice people and we want you to succeed!

We invite you to take a close look at the MLM Startup Conference that begins in March.  Click here to register at the LaunchSmart website.

180 days or less to startup?  Can you really start and run a successful MLM company in 180 days or less?  What about all those people saying you need to build a business plan and secure funding first?  What about all those obstacles—the right MLM software / Home Party Software, the right name, the right MLM compensation plan, the right legal entity and registrations, and so forth?

Yes, you can.  You can do this.  And you can do it in 180 days or less.  Here are the two most important reasons why that’s so:

1. The world has changed dramatically in recent years and we all know it.  Today, we can use online tools, information, contacts, and services to do things much faster than was possible just a few years ago.
2. When you look at the core elements of a new MLM business, the actual tasks involved—just the real tasks, not the thinking, training, researching, and long-time deciding—don’t take that much time.  Technically, it takes about an hour to register a name for your business and to become a legal entity.  Setting up a location can take a couple of hours if it’s in your home, and as little as a few days if it’s in an office somewhere near where you live.  Delaying decisions doesn’t make them any better.

It’s true that not all businesses can go straight from the first spark of an idea to the full and complete execution in just 26 weeks.  But many can.  On one hand, you may not get product molds created, initial orders placed, and finished goods delivered from an overseas vendor in this relatively small window, but on the other hand, you just might depending on your experience and shortened learning curves.  Many cannot raise millions of investment dollars in a few months, but then you may not need that much or you might already have the necessary capital.

It’s also true that the essence of a direct selling company is not only its ability to scale and grow, but because it’s typically a cash-up-front business, much of the growth is self-funding.  We put those two facts here because they show that the majority of new direct selling businesses are like the one you want to start, meaning they are manageable, focused, and ready for you to get going.

So, with that in mind, here’s how it works!  The timetables in the LaunchSmart System show how you go from where you are now to operational in just 180 days.  And, our hats are off to our clients who have done it in less time while not cutting corners.  Give us an opportunity to provide you with the Absolute Launch Essentials, an overview of what you really have to do, no matter what, and where you’ll find it in our system.